Bangalore
Bangalore- Phoenix Mills Ltd is planning to buy Everstone Capital’s real estate fund in Bangalore for $12 million (Rs 68 crore). The firm is in talks to buy 7.73 percent stake of Horizon Realty Fund LLC and 18.27 percent stake of Horizon Ventures II, which together, is approximately worth Rs 261 core. As of now, [...] Continue Reading »
Bangalore- The Bruhat Bengaluru Mahanagara Palike (BBMP) has at last determined to take up the task of resolving garbage issue following the directions of the court. BBMP Commissioner has issued a memo listing officers who have to follow up with the court’s directions and ascertain that everything is done accordingly and within the given time. [...] Continue Reading »
Bangalore- The pourakarmikas of Bruhat Bangalore Mahanagara Palike (BBMP) has staged a protest, against their job lay offs, which hit garbage collection in many areas of the city. There are chances that over 8,000 pourakarmikas may be losing their jobs as there are new garbage contracts coming in before the New Year. Opposing their suspected [...] Continue Reading »
Bangalore- Tumkur Road, once considered as a village in the outskirts of Bangalore, has now transformed into a part of the city owing to its rapid growth in real estate sector. Expanding residential realty market of Bangalore has gradually brought in many of the suburban areas under the city limits. Being located at a distance [...] Continue Reading »
Bangalore/Chennai- Luxury residential segment has been observing significant rise in demand in the top seven cities of India. Over 200 luxury residential projects were launched between 2008 and September 2012. Among all the cities, Bangalore alone holds 21 percent of share during the first three quarters of this year while Chennai holds 20 percent. Fast [...] Continue Reading »
The premium housing tradition with Bangalore is expected to obtain more appreciation with the introduction of involving all-under-one-roof walled city strategy. The majority of the basic amenities are given within the campus, cutting down the particular tours of denizens under this concept. The cost appreciation throughout integrated, walled townships is at least 30% a lot [...] Continue Reading »
Bangalore- Over 40 employees of Deloitte gathered on the banks of Ulsoor and Uttarahalli lakes in order to clean them up. Joining hands with the United Way Bengaluru’s ‘Wake the Lake’ campaign, the employees stepped forward to clean up the natural water bodies. The day was observed as the corporates’ annual Impact Day which is [...] Continue Reading »
Bangalore- Bruhat Bangalore Mahanagara Palike (BBMP) has directed all its 550 health inspectors and environment engineers to take pictures of uncleared garbage and upload them in the designated folder of BBMP website. For this purpose they have been provided with Android phones too. Only after the high court’s interference with BBMP regarding its inefficient management [...] Continue Reading »
Bangalore- The builders and developers of Bangalore have got indulged in developing integrated townships within the rousing metropolis. At one time in the past Bangalore was full of bungalows and later the city got lined up with high-rise apartments and complexes changing the order. And by the end of this decade the city is likely [...] Continue Reading »
Bangalore- Bangalore Development Authority (BDA) was directed by Justice Ram Mohan Reddy to file a report by December 7, with regard to demolishing an illegal building in Bannerghatta Road. He also ordered the BDA to take action against the engineers for permitting such unauthorised construction. The South City Group Housing company was orally asked to [...] Continue Reading »
